THESE ARE THE THREE
MOST IMPORTANT RACES FOR BANKERS
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Please donate to each TODAY!
Your donation not only helps us elect individuals who will fight for traditional banking in Congress, it sends a loud message to every member of Congress that bankers are ready to stand up and demand an end to the political vilification and regulatory abuse that is destroying traditional banking in America.
While PACs donate a little to a lot of candidates, Friends of Traditional Banking encourages our 30,000+ members like you to donate what you can to just three key races. The result? A money bomb in each critical race that makes a huge difference (see our recent wins HERE and watch our decade of impact on YouTube HERE).
Our leadership committees of banking leaders from around the nation have officially endorsed these three races. Please join the momentum and do what you can to help each!
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Rep. Ted Budd
US Senate candidate in North Carolina
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Ted Budd has demonstrated his support for traditional banking from his first day as a member of the House Financial Services Committee. Now he is running for the US Senate where he can have an even greater impact to preserve traditional banking.
We hope that everyone who believes in the critical role traditional banking plays in our country, will send a donation, of any size to help Ted become the next Senator from North Carolina.
The North Carolina Bankers Association and other banking groups support Budd in this race, but it is time to bring in the big guns: Friends of Traditional Banking. And Budd will need all the help he can get for one of the closest Senate races in the country. See latest polls HERE.
"On substance, Ted Budd’s been a solid member of the House Financial Services Committee and has worked closely with us at the NCBA. He’s given numerous speeches on CECL and hosted a Congressional Roundtable on CECL on Capitol Hill with members of Congress, regulatory agency representatives, the NCBA and a handful of regional banks. His first floor speech as a newly sworn-in freshman member of Congress was for the repeal of the Durbin amendment. He’s been a strong advocate of free markets and a strong banking system."
--Peter Gwaltney, Pres & CEO North Carolina Bankers Association
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Contribute to Ted Budd by credit card online or mail a check to: PO Box 97127, Raleigh, NC 27624
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Senator Ron Johnson
Seeking reelection in Wisconsin
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A US Senator from Wisconsin since 2011, Senator Johnson has been a champion for traditional banking, whether on reg reform or tax cuts. A businessman by background (former CEO of a polyester and plastics manufacturing plant), Johnson has been one of the best senators for banking not on the Senate Banking Committee.
His opponent is WI’s current Lieutenant Governor, Mandela Barnes, an ally of Elizabeth Warren, who has been out to campaign for him. This race is a $40-$50 million hard dollar race. $25 million has already been spent on attack ads against Senator Johnson by the third party groups this summer alone. This is also one of the tightest races in the country. Although the LATEST POLLS show Johnson down slightly, he has a track record of winning as an underdog and outperforming the polls. But to do so he needs the help of Friends of Traditional Banking.
"Senator Johnson has been a strong supporter of banking industry issues. Specifically, he has repeatedly taken the banking industry’s side on the issue of interchange fees to the detriment of his retailer business friends. I think this is too important of a race/seat to not try and help get him across the finish line. The only way to do that is for him to continue to push out positive, down to earth messages that resonate with the average voter, and to keep doing that, he needs money."
--Rose Oswald Poels, Pres & CEO Wisconsin Bankers Association
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Contribute to Ron Johnson by credit card online or mail a check to: PO Box 1159, Oshkosh, WI 54903
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Rep. Randy Feenstra
Under attack for his
support of traditional banking
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Representative Feenstra has been an outspoken supporter of taxing the largest, bank-like credit unions and now they are coming after him. We simply MUST send a loud message of support ASAP!
A freshman Congressman from Iowa's 4th District, Rep. Feenstra is up for his first reelection. He served in the Iowa State Senate for 12 years, where he chaired the Senate Ways and Means Committee and led a successful effort to pass a credit union tax bill. The Iowa Bankers Association honored Feenstra with their “Legislator of the Year” designation in 2018. While serving in the Iowa Senate, Feenstra worked for ISB Insurance – an affiliate of Iowa State Bank in Hull, Iowa. He also served as an economics professor at Dordt University.
In his first term in Congress, Feenstra is already emerging as a true friend of traditional banking. He is the lead sponsor of the ECORA legislation in the U.S. House and will likely be named to the House Ways and Means Committee in the next Congress. Although latest polling shows that his district is solidly conservative, Feenstra is being bashed by credit unions who remember what he did to them at the state level and are petrified of what he may do if he stays in Congress. By endorsing Feenstra, FOTB leadership wants to send a loud and clear message that if you have our back in Congress, we'll have yours.
"Randy is truly a champion for traditional banking. He has the track record to prove it at both the state and federal level. He is keenly focused on tax and regulatory fairness and equity between industry players. I can think of no one more deserving of FOTB’s support."
--John Sorensen, Pres & CEO Iowa Bankers Association
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Contribute to Randy Feenstra by credit card online or mail a check to: 641 2nd Street, Hull, IA 51239
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PAID for by Friends of Traditional Banking. NOT authorized by any candidate or candidate's committee.
Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, they focus a lot of money on a couple of key campaigns.
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